Electrical consumption reached more than 525.27 billion kilowatt-hours in the first eight months this year, up 17.33 percent year-on-year.

At the same time, the supply of hydropower and wind power decreases in winter, and cannot fill the gap left by the reduction in thermal power.

No matter how acute the emissions reduction pressure is, coal and coal-fired electricity are still necessary.

Work teams have been dispatched to Beijing, Tianjin, Hebei, eastern Inner Mongolia, Heilongjiang and Hunan, the National Energy Administration (NEA) said.

Iron ore price up despite Chinese power curbs

"As more measures are expected from the authorities to secure power coal supplies and frustrate the coal price surge, the situation will be reversed."

...starting from the fourth quarter of this year, except for the projects whose contracts the bank has already signed.

Factories usually attract many orders before the Christmas and New Year holidays, he said.